Fulvio Tonelli has joined Absa Kenya as a non-executive director with effect from 1 October 2020.
He also serves on the Absa Group’s board as a non- independent non-executive director since July 2020.
Fulvio a member of the Group Credit Risk Committee (GCRC), Group Risk and Capital Management Committee (GRCMC) and Information Technology Committee (ITC).
Fulvio was, until the end of June 2019, the Chief Operating Officer at PwC Africa and a member of the firm’s leadership team. In this role, he assisted in the delivery of the firm’s strategic direction and was also responsible for the effective operation of the firm’s risk management, finance, information technology and other internal firm services.
Fulvio joined PwC in July 1987. Prior to that, he completed his articles at Deloitte.
Tonelli holds a Bachelor of Commerce Degree (Hons) (Accounting) from the University of Witwatersrand, South Africa and is a Member of the South Africa Institute of Chartered Accountants (SAICA).
“He brings to the Board a deep understanding of the banking industry and strategic thinking, in addition to extensive knowledge and experience in managing such areas of finance, risk, and technology, all of which are key elements of the banks’ strategy,” said Charles Muchene, Chairman Absa Kenya Board of Directors.